Mahatma Gandhi Series

FEATURED ARTICLES ABOUT MAHATMA GANDHI SERIES - PAGE 4

MUMBAI: Reserve Bank will shortly issue Rs 1,000 and Rs 500 denomination banknotes in Mahatma Gandhi series without inset letter in numbering panel. "The new series 2005 banknotes will be of the same size and there is no change in the design or images of the banknotes both at the obverse (front) and reverse (back)," RBI said in a release. While there is no change in the colour at the obverse, it said the colour at the reverse is different due to use of only offset printing.

MUMBAI: The Reserve Bank of India (RBI) would soon issue Rs 10 denomination bank-notes with inset letter L in both numbering panels in the Mahatma Gandhi series with additional/new security features and bearing the signature of its Governor Y V Reddy. Except for the change in the inset letter, the design of these notes to be issued is similar in all respects to the bank-notes issued earlier in the same series on April 27, 2006, a RBI release issued here today stated. All bank-notes in the denomination of Rs 10 issued by the bank in the past will continue to be legal tender, the release added.

NEW DELHI: The Reserve Bank of India will shortly issue Rs 100 denomination bank notes with inset letter 'L' and Rs 10 denomination bank notes without inset letter in numbering panel in Mahatma Gandhi Series. The notes will bear the signature of RBI governor Y V Reddy and except the change in inset letter, the design of these notes will be similar in all aspects to those issued earlier in the series, the central bank said in a statement. All notes in the denomination of Rs 100 and Rs 10 issued by the Reserve Bank in the past will continue to be legal tender, it added.

MUMBAI: The Reserve Bank of India will issue new currency notes of Rs 100 with some modifications to some of the existing features and with some new additional security features to its existing Mahatma Gandhi series of notes. The new notes will have anti-photocopying features on both sides which will appear in the form of tiny yellow circles in the right hand margin of the bank note, according to a RBI release.Besides, the notes will also have new security thread which will be machine readable with inscriptions 'Bharat' and 'RBI' with exclusive colour shift.

MUMBAI: The Reserve Bank today said it will shortly issue Rs 1,000 and Rs 10 notes incorporating the rupee symbol, which was approved last year. The Indian rupee got an unique symbol -- a blend of the Devanagri 'Ra' and Roman 'R' -- last year joining elite currencies like the US dollar, euro, British pound and Japanese yen in having a distinct identity. The Rs 1,000 notes will be of the Mahatma Gandhi-2005 Series bearing the signature of RBI Governor D Subbarao and with the year of printing mentioned on the back of the banknote, the apex bank said in a statement . The design of these notes to be issued is similar in all respects to the existing Rs 1,000 in Mahatma Gandhi Series -2005 issued earlier, except for the rupee symbol.

The new rupee logo has received a lot of attention but do not expect to see it on currency notes. At least not yet. Considering the long drawn-out process of bringing out a new currency note design, even if the government and the central bank decide to incorporate the logo on currency notes, it would be months before they come into circulation. According to sources in the Reserve Bank of India (RBI), there have not yet been any discussions with the government on incorporating the new logo on currency notes.

NEW DELHI: The Reserve Bank of India has introduced a new series of 'star' banknote, which will be issued in Rs 10, Rs 20 and Rs 50 denominations to replace defective notes in various series. The new series of notes would look like the existing ones in the Mahatma Gandhi series but will have an additional character - a (star) in the number panel, a RBI release said. These notes have been issued as part of efforts to benchmark its procedures with international best practices.

MUMBAI: The Reserve Bank of India (RBI) will soon issue Rs 1,000 denomination banknotes with inset letter R in the Mahatma Gandhi Series-2005. "The Reserve Bank will shortly issue Rs 1,000 denomination banknotes incorporating rupee symbol, with 'R' inset letter, in the Mahatma Gandhi Series-2005," the RBI said in a notification. The year of printing '2014' will be printed on the reverse of the banknote. The design of these notes to be issued now is similar in all respects to the Rs 1,000 banknotes in Mahatma Gandhi Series-2005, issued earlier, RBI said.

NEW DELHI: The Reserve Bank will shortly issue new Rs 20 denomination banknotes in the Mahatma Gandhi series-2005 with inset letter E. "The RBI will shortly issue rupees 20 denomination banknotes incorporating rupee symbol, with inset letter E, in the Mahatma Gandhi Series-2005 bearing the signature of Raghuram G Rajan, Governor," RBI said in a release. These banknotes would bear the year of printing '2014' on the reverse side of the currency. RBI said design of these notes to be issued now is similar in all respects to the rupees 20 banknotes in Mahatma Gandhi Series-2005, issued earlier.

MUMBAI: The Reserve Bank will soon issue Rs 500 banknotes with rupee symbol in the Mahatma Gandhi Series- 2005 . "The RBI will shortly issue Rs 500 denomination banknotes incorporating rupee symbol on the obverse and reverse, with inset letter 'R' in both the numbering panels, in the Mahatma Gandhi Series-2005," RBI said in a notification. The banknotes would be bearing the signature of RBI governor Raghuram G Rajan and the year of printing '2013' printed on the reverse of the banknote, it said.